Est. cap rate

3.3%

Assumed rent, all units

$5,520/mo

Units

3

Price per unit

$333,333

Est. annual NOI

$33,120

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

3,070 sqft

Lot size

5,963 sqft

Year built

1942

Stories

2

Garage spaces

3

Pool

None

Status

Active

Days on market

37

MLS #

245701689

About this property

RARE WALNUT PARK TRIPLEX — INVESTORS & OWNER-USERS, DON’T MISS THIS OPPORTUNITY! This versatile income-producing property offers three separate units, three garage spaces, a huge driveway, and a generous low-maintenance lot—creating an exceptional opportunity for both investors and buyers looking to live on-site while generating rental income. All three units feature separate entrances and addresses, and each has access to its own washer and dryer. The front building features a 2BD/1BA unit plus a separate 1BD/1BA unit with a bonus room that can function as a second bedroom. The rear building features a 2BD/1BA unit. The expansive driveway provides abundant parking and valuable flexibility for both residents and tenants. Conveniently located near shopping, dining, transportation, and major thoroughfares, with a short commute to Downtown Los Angeles. For the investor, the property offers multiple income streams and rental upside. For the owner-user, live in one unit and generate rental income from the other two, creating an opportunity to offset your housing costs while building long-term real estate value. Three units. Three garages. Separate entrances and addresses. Multiple income streams. Properties offering this combination of flexibility and income potential are a rare find. Whether you're an investor building your portfolio or an owner-user looking for a property that can help pay for itself, this is an opportunity you won't want to miss. Drive by, see the possibilities, make offer and make this Walnut Park triplex yours!

Location

2433 Broadway

Huntington Park, Los Angeles, CA, 90255